Latest News

Tuesday: Housing Starts

0

by Calculated Risk on 9/20/2021 07:25:00 PM

From Matthew Graham at Mortgage News Daily: MBS RECAP: Surprise Snowball Rally as Stocks Swoon Over Global Risks

It remains to be seen how long the stock swoon continues as there is some disagreement about whether the Evergrande drama deserves as much credit as it received today. Either way, bonds simply endured an in-range correction, and they remain more susceptible to Wednesday’s Fed when it comes to volatility risks on the horizon. [30 year fixed 3.00%]
emphasis added

Tuesday:
o At 8:30 AM ET, Housing Starts for August. The consensus is for 1.560 million SAAR, up from 1.534 million SAAR.

MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.00%"

Previous article

Housing Starts increased to 1.615 Million Annual Rate in August

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News